The Devon Motor Company produces motorcycles. During April, the company purchased 8,000 batteries at a cost of 10 per battery. Devon withdrew 7,600 batteries from the storeroom during the month. Of these, 100 were used to replace batteries in motorcycles used by the company's traveling sales staff. The remaining 7,500 batteries withdrawn from the storeroom were placed in motorcycles being produced by the company. Of the motorcycles in production during April, 90 % were completed and transferred from work in process to finished goods. Of the motorcycles completed during the month, 30 % were unsold at April 30. There were no inventories of any type on April 1.
Required:
(a) Determine the cost of batteries that would appear in each of the following accounts at April 30 :i. Raw Materials. ii. Work in Process.iii. Finished Goods. iv. Cost of Goods Sold. v. Selling Expense.

In April, the company paid $10 per battery for 8,000 batteries.
During the month, Devon removed 7,600 batteries from the storeroom.
One hundred of these were used to replace the batteries in motorcycles utilized by the company's traveling sales personnel.
The remainder 7,500 batteries removed from the stock room were installed in the company's motorcycles.
During April, 90 percent of the motorcycles in production were completed and moved from work-in-process to finished goods.
Thirty percent of the motorcycles finished during the month remained unsold as of April 30.
On April 1, there was no amount of inventory of any kind.

Using the given information we calculated the following:

a) raw materials is - material left in the stock room:-

= (8,000 - 7,600) × $10

= $4,000

b) work in process is - 90% were completed so 10% was left. 100 batteries were removed from the 7,600 batteries:-

= 7,500 batteries x $10 x 10%

= $7,500

c) Finished goods are - Unsold goods are 30%:-

= 7,500 batteries × $10 × 90% × 30%

= $20,250

d) cost of goods sold is - Sold goods were therefore 70%:-

= 7,500 batteries x $10 × 90% × 70%

= $47,250

e) selling expense is - 100 batteries used in sales staff cars:-

= 100 × $10

= $1,000.

Hence, the correct answers are:

i. Raw Materials = $4,000

ii. Work in Process = $7,500

iii. Finished Goods = $20,250

iv. Cost of Goods Sold = $47,250

v. Selling Expense = $1,000

Learn more about cost of goods sold:

https://brainly.com/question/24868116

#SPJ4